Upgrade to Pro Member
TATA AIG - Risk Underwriting Role - Trade Credit (3-8 yrs)
Role details:
- Risk Underwriter
- Department: Trade Credit
- Product: Trade credit Insurance
- Experience level: Min 3 or 4 years of experience
- Requirement: Credit analysis; Strong ability to understand, interpret and assess key financial statements of entities; exhibit strong understanding of a corporate entity's business model, its cash flow sources, sectoral and industry-specific nuances in which the entity operates
Job Description:
- Credit risk assessment of non-financial corporates (listed entities, private companies and proprietorship firms) across diverse sectors in the trade credit insurance vertical
- Assess and analyze the creditworthiness of a portfolio of buyers (customers) that trade with the policy holder
- Assign risk ratings and credit limits for every buyer in the portfolio as per request received from the policy holder
- Work on risk assessments of buyers in potential prospects as required by the commercial underwriter
- Liaise with commercial underwriters, clients and brokers to communicate final decisions on credit limits - thoroughly explain the rationale for approvals
- Maintain agreed TATs for communicating limit decisions and adhere to underwriting guidelines and processes
- Continuously monitor the assigned limits and exposures on entities for any negative or adverse news, and take corrective calls on exposures accordingly
- Maintain a detailed MIS of the portfolio that you would be responsible for
- Support senior underwriters and risk head with knowledge materials, presentations to clients and other external stakeholders
Target candidates:
- Risk underwriters in other insurance set ups with exposure to TCI
- Credit analysts in banks or NBFCs who have worked on trade credit, WC loans or other short term financing
- Credit/rating analysts in credit rating agencies
- Credit analysts working in fixed income groups in asset management firms (MF, pension funds) or other debt capital exposure
2-Step Verification - Action Required
We've updated our security procedures!
Your privacy and security are important to us. We've recently updated our security measures to make iimjobs.com safer and more secure for you. This change requires you to reset your password.
Please reset your password using the link sent to your email. If you did not receive any email, please check your spam folder..
